TRF Release Notes

Update on Cboe Europe Operations

March 24, 2020 15:31:57

Dear Cboe Europe Participants and Members of the Trading Community,

Cboe Europe continues to closely monitor developments concerning the novel coronavirus (COVID-19) and the guidance provided by government and public health agencies.

Following the stay-at-home directive set forth yesterday by the UK and Dutch governments, we wanted to update you on Cboe Europe's operations.
Cboe Europe's markets continue to operate normally. Currently, all Cboe Europe staff are working remotely from home and the majority have been working in this capacity for a number of days. Companywide, we have enacted robust business continuity plans that are designed to ensure we continue to operate our exchanges effectively while doing all that we reasonably can to help minimize the spread of COVID-19.
The UK stay-at-home directive includes exemptions for "essential financial services", which exempt Cboe Europe. For the health and safety of our associates and broader community, all Cboe Europe associates will continue to work remotely until further notice, but should any critical operational staff need to visit our facilities for any reason, this would be allowed under the exemption.
Cboe Europe is deeply committed to the orderly operation and surveillance of our markets to help ensure participants are able to execute their trading activities during this unprecedented time. We remain vigilant in monitoring our capacity and resiliency thresholds to help to ensure our markets continue to operate efficiently and effectively.

We will continue to monitor guidelines and work closely with regulators and market participants so that our markets continue to function and serve the needs of investors during this unprecedented crisis. We remain committed to the well-being and safety of our associates, customers and broader community.

For additional updates on Cboe's Business Continuity Plans, please refer to our COVID-19 webpage or contact the Trade Desk or your Account Manager if you have further questions.

Trade Desk
Cboe Europe Equities
T. +44 20 7012 8901 (UK); +31 20 299 6801 (NL)
E. [email protected] | >
* Cboe Europe Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.
* Cboe Europe BV is licensed to operate a Regulated Market, Multilateral Trading Facility and Approved Publication Arrangement by the Dutch Authority for the Financial Markets.